FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, May 18 Exchange rate was 1.2864 up 0.0014 Chicago soybeans closed slightly to moderately lower. JUL22 HI 16.86 3/4 NOV22 HI 15.28 LOW 16.57 LOW 14.96 3/4 CLOSE16.62 3/4 Down 15 1/4 CLOSE 14.99 1/2 Down 26 OLD CROP NEW CROP Location Basis 1mt 2mt 3mt U.S. $/bu $/mt Basis U.S. $/bu $/mt ELEVATORS +JUL22+JUL22+SEP22 CK Low 4.75 21.38 785.49 3.68 18.68 686.19 CK High 4.76 21.39 785.86 3.75 18.75 688.76 CK Average 4.75 -0.01 21.38 785.54 3.70 -0.46 18.70 687.08 Essex Cty 4.75 21.38 785.49 3.70 18.70 686.92 Mdsx Low 4.70 21.33 783.65 3.65 18.65 685.09 Mdsx High 4.78 21.41 786.59 3.70 18.70 686.92 Mdsx Average4.74 -0.01 21.37 785.24 3.68 -0.48 18.68 686.31 Hensall 4.75 21.38 785.49 3.72 18.71 687.54 Bruce 4.70 21.33 783.65 3.65 18.65 685.09 Putnam 4.75 21.38 785.49 3.75 18.75 688.76 Burford 4.84 21.47 788.80 3.76 18.76 689.13 Port Perry 4.69 21.32 783.28 3.61 18.61 683.62 Norfolk 4.75 21.38 785.49 3.75 18.75 688.76 Palmerston 4.73 21.36 784.75 3.75 18.75 688.76 Varna 4.75 21.38 785.49 3.70 18.70 686.92 Trenton 4.50 21.13 776.30 3.75 18.75 688.76 Winchester 4.43 21.06 773.73 3.77 18.77 689.50 North Gower 4.70 21.33 783.65 3.80 18.80 690.60 Vankleek Hil5.01 21.64 795.04 3.65 18.65 685.09 Huron FOB 4.78 4.89 4.96 5.06 21.41 786.59 3.75 18.75 688.76 Kent FOB 4.95 21.58 792.84 3.70 18.70 686.92 Lambton FOB 4.90 21.53 791.00 N/A Mdsx FOB 4.94 5.01 5.07 N/A 21.57 792.47 3.93 18.93 695.37 PROCESSORS Windsor 5.54 22.17 814.52 4.05 19.05 699.78 TRANSFER Hamilton 5.40 22.03 809.37 4.35 19.35 710.81 Prescott N/A 4.14 19.14 703.09 Port Colborn N/A 4.05 19.05 699.78 Toledo El. 0.06 16.69 613.32 -0.45 14.54 534.43 Exchange rate was 1.2864 up 0.0014 Chicago wheat closed moderately to sharply lower. JUL22 HI 12.80 SEP22 HI 12.80 1/2 LOW 12.11 1/2 LOW 12.14 1/2 CLOSE 12.30 3/4 Down 46 3/4 CLOSE 12.33 Down 45 3/4 Minni wheat closed lower. JUL22 HI 13.94 3/4 SEP22 HI 13.91 LOW 13.34 1/4 LOW 13.31 3/4 CLOSE 13.52 3/4 Down 40 3/4 CLOSE 13.51 1/4 Down 38 1/4 Direct MarkHarvest 2021 Harvest 2022 DELIVERED BASIS DELIVERED BASIS Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M) ELEVATORS Brgssvll N/A N/A N/A N/A N/A N/A 2.45 N/A London 2.69 2.75 2.17 N/A 3.31 2.60 2.22 N/A Hensall 2.45 N/A 2.35 N/A 3.45 N/A 2.45 N/A Trenton N/A N/A N/A N/A N/A N/A 2.25 N/A Bruce N/A N/A 2.10 N/A 3.25 2.55 2.30 1.40 Essex N/A N/A 2.25 N/A N/A N/A 2.40 N/A Norwich 2.45 N/A 2.35 N/A 3.45 N/A 2.45 N/A Port Hope N/A N/A N/A N/A N/A N/A 2.45 N/A Kent Bridge 2.45 N/A 2.35 N/A 3.45 N/A 2.45 N/A Chatham N/A N/A 2.25 N/A N/A N/A 2.40 N/A Brigden N/A N/A 2.25 N/A N/A N/A 2.40 N/A Palmerston N/A 2.72 2.27 3.07 N/A 3.11 2.41 N/A Varna 2.55 3.05 2.30 N/A 3.35 2.80 2.45 N/A Mitchell 2.45 2.90 2.35 N/A 3.45 2.75 2.45 N/A Thornton 2.69 2.75 2.17 2.11 3.31 2.60 2.22 N/A North Gower N/A N/A N/A N/A N/A N/A 2.25 N/A W O Feed 3.06 TERMINAL Port Colbor N/A N/A 2.63 N/A N/A N/A 2.61 N/A PROCESSORS Toledo FM N/A N/A 3.55 N/A N/A N/A 3.53 N/A Toledo El. 12.16US 15.64CA 12.16US 15.64CA (C)-Basis over the Chicago Board of Trade futures (M)-Basis over the Minneapolis Grain Exchange FEED GRAINS FOB Hm Soymeal 649.27 DDG's FOB Srn & Aylm 405.00 - 410.00